Six Reasons Third Federal Preapprovals are Better

HONEST PREAPPROVALAt most banks, preapprovals are just a guess. It’s what the bank thinks you will qualify for based on the going interest rate and your stated income. Not at Third Federal. Our preapprovals are fully underwritten, so when we say you’re “preapproved” for a loan, you’re approved, end of story.

RATE LOCKED AT PREAPPROVALYou shouldn’t feel rushed to the find perfect home. That’s why we lock down your rate for 60 days at preapproval. No other lender will lock your rate at preapproval for even a day, let alone 60.

FREE FLOAT DOWNSo, your rate’s locked for 60 days at preapproval. That’s great, but what if the mortgage rates go down while your searching for the perfect home? No problem. Third Federal moves you to the lower rate for FREE, just ask.

LOWEST RATE GUARANTEEYou want the lowest rate possible. But that doesn’t mean you have to waste time shopping around with different lenders. Third Federal will give you the lowest fixed rate possible, guaranteed. If another lender offers you a better rate for the same terms, we’ll beat it or give you $1,000.

GUARANTEED ON-TIME CLOSING. Not closing your loan on time can be a disaster. That's why at Third Federal, we ALWAYS close on time. We're so confident, that if for some reason we don’t close on time will give you a thousand dollars!

100% FREEMany lenders charge you for a preapproval. (Even when that preapproval is just a guess.) Not Third Federal. Our preapprovals are totally FREE. We don’t charge hidden fees, or nickel and dime you at every step of loan process. We want to build a relationship you. So we treat you, and your money, right.